# Market Closes - November 19, 2018 - Kentucky Farm Bureau

> Kentucky Farm Bureau's November 19 closes show corn, soybeans, and wheat lower, with soybeans leading declines on US-China trade rhetoric. Live cattle, feeder cattle, and lean hogs closed higher, supported by firmer boxed beef and strong pork export shipments.

- Date: 2018-11-19 · published 2018-11-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/11725-market-closes-november-19-2018-kentucky-farm-bureau
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Trade tensions between the US and China pressure soybean and grain prices, while stronger pork demand and additional African swine fever cases in China support lean hog prices. The speculative fund short position in soybeans adds volatility.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼
- HOGS: bullish ▲
- WHEAT: bearish ▼
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- kyfb.com: https://www.kyfb.com/federation/newsroom/market-closes-november-19-2018/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.